Quick question: I am finishing my housing loan this month. I dont plan to sell the house anytime soon. Do I need to remove Private Caveat that the bank got lodged? Is is possible to do this at a later without any issues? Reason: if the caveat remains, it would be next to impossible for third party to do any transfer. Should I get the relevant documents from the bank and just keep them to remove the caveat any time later? I am not too familiar with those things so I am just considering my options here. Of course I could also just take (any?) lawyer and get them to remove the caveat at once. What is the suggested course of action here?

thanks for the information guys. i will check if there is a private caveat or just a charge. maybe the banker got confused. i was informed there is a caveat and frankly slightly confused. its not overly important since there is no intention of selling the property and property law is not my forte. if its a charge i would be released wether or not i want to right? i guess any lawyer will be fine to do that right. i shall appoint one then after paying the final installment. if its a caveat it might be better to sit it out and wait for the bank to release it - correct?